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☆ Salesforce cut hundreds of employees on Monday
  + stars: | 2022-11-08 | by ( Jordan Novet | ) www.cnbc.com   time to read: +2 min
Salesforce on Tuesday confirmed that it cut some employees this week after the enterprise software maker saw demand lighten in some countries and industries. One person familiar with the matter said Salesforce let go of fewer than 1,000 people on Monday. Unfortunately, that can lead to some leaving the business, and we support them through their transition," a Salesforce spokesperson told CNBC in a statement. Several technology companies, Salesforce included, have announced plans to add employees at a slower rate than before this year to weather rougher business conditions as prices and interest rates move higher. One of Salesforce's top competitors in business software, Microsoft , announced a round of job cuts in October.
☆ Scoop: Andreessen Horowitz beats out Benchmark and NEA to lead Series A funding round for Partiful, the 'Eventbrite for Gen Z'
  + stars: | 2022-11-08 | by ( Ben Bergman | Melia Russell | ) www.businessinsider.com   time to read: +3 min
Andreessen Horowitz beat out other firms to lead Partiful's series A round, according to sources. Neither the cofounders of Partiful nor Andreessen Horowitz responded to a request for comment. After an intense bidding war, Andreessen Horowitz beat out rival VC firms, including Benchmark and New Enterprise Associates, to lead Partiful's series A funding round, according to three people with knowledge of the financing who were not authorized to speak publicly. Andreessen Horowitz also did not respond to a request for comment. Venture investors, eager to find the next buzzy consumer app, have marveled at Partiful's growth.
☆ The female venture capitalist creating billions in a new world of work beyond the office
  + stars: | 2022-10-15 | by ( Rebecca Fannin | ) www.cnbc.com   time to read: +11 min
Worklife Ventures holds weekly meetings for its portfolio company founders to seek advice from successful Silicon Valley operators. You have to have an eye out for people and for new tools," Kimmel said. Worklife Ventures is betting on good returns from its 50 investments in startups, and with nine of them as unicorns, the stakes are high. With venture funds typically having a 10-year life cycle before investment returns are tallied, Worklife Ventures still has a ways to go. Join us October 25 - 26, 2022 for the CNBC Work Summit — Dislocation, Negotiation, and Determination: The World of Work Right Now.
☆ Silicon Valley's not-so-secret thing for turning everyone into millionaires is angel investing. Here's how they do it.
  + stars: | 2022-10-11 | by ( Darius Rafieyan | ) www.businessinsider.com   time to read: +10 min
Once only for the superrich, angel investing is now open to anyone with a few thousand dollars. With an estimated 360,000 active angel investors, it's become a favorite pastime in Silicon Valley. "It felt like gambling," David Spreng, a veteran venture-debt investor who's been angel investing as a side hustle for more than a decade, said. He wrote his first angel check shortly thereafter, a $1,000 investment in an electric-aircraft maker. The currency of Silicon Valley"Your currency, for lack of a better term, in Silicon Valley is you either started a company or you angel invest, right?"
☆ Why tech workers are quitting great jobs at companies like Google to fight climate change
  + stars: | 2022-07-26 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +14 min
"What bigger problem is there to solve for our generation than climate change?" Not only is climate change an existential-level threat to humanity, it is especially dangerous for the poorest communities around the world. "Eventually, it just got to the point where I couldn't justify to myself why I'm still doing something that isn't climate," Kirpichov told CNBC. "It turns out that there are just so many people who are in the same boat," Kirpichov told CNBC. We know Southeast Asia is going to get hit really hard with climate change.
☆ 'Crazy stuff is happening at my work': Silicon Valley engineers are really freaking out right now
  + stars: | 2022-06-01 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +11 min
Silicon Valley, perhaps even more than the rest of corporate America, has long been engaged in a two-sided battle over the pursuit of happiness. In the Silicon Valley that emerges on Blind, the engineers who strive for work-life balance are just as burned out as the late-night grinders. But Silicon Valley has always overindexed for Optimizers. If this is Silicon Valley today, nobody's happy, and everybody's burnt. Stereotypically, Silicon Valley engineers are grinders.
☆ Here are the diets of notable tech billionaires, from Mark Zuckerberg's 'kill what you eat' routine to Elon Musk's Diet Coke obsession
  + stars: | 2020-02-26 | by ( Paige Leskin | Grace Kay | ) www.businessinsider.com   time to read: 1 min
Some of the richest people in tech have some pretty bizarre eating habits. Elon Musk Gilbert Carrasquillo/GC ImagesJust because billionaires have the money to pay for pricey personal chefs or high-end healthy foods doesn't mean they're adhering to diets that are good for them. While some experiment with the latest health fads, like the Paleo diet and veganism, there are other tech billionaires who enjoy eating chocolate for breakfast or skip eating altogether for days. So even though there are some wealthy techies whose diets you'll want to copy to replicate their levels of success, there's no guarantee they'll put you in good health.
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